DislikedHi,
When is the chart updated? I don't think is being updated.
RonIgnored
currency strength meter 41 replies
Money flows: Trading the strongest / weakest major currency cross 275 replies
Top Currency Strength Meter for Intraday trading 7 replies
Money flows - Trading the strongest vs. the weakest 24 replies
currency strength meter for daily chart 2 replies
DislikedHi,
When is the chart updated? I don't think is being updated.
RonIgnored
DislikedIt doesn't show influence between time frames, because it's locked in on a single time frame- probably hourly.
I'm posting a much better strength meter by Hanover.
Hanover is probably the most skilled coder on the forum.
It shows not only the strength but the direction of movement.
It shows all time frames, but you can select the one you want and get rid of the rest, in the parameters.
Also, you need to download a demo from MIG to run any strength meter on. It has all 26 pairs. That gives it more date to work with. I don't know of any other...Ignored
DislikedMy first reaction is the CM I have shown is very simple. A currency is either strong or its not right now, also thats a lot of lines to have to look through on a lot of time frames.
Having said that the fact that its a true mt4 indi means you can back test.Ignored
DislikedAs I indicated, you can get rid of the time frames you don't want to look at, and leave only one.
I believe the meter you posted was zeroed in on the 1H.Ignored
DislikedI'm posting a much better strength meter by Hanover.
Hanover is probably the most skilled coder on the forum.
It shows not only the strength but the direction of movement.
It shows all time frames, but you can select the one you want and get rid of the rest, in the parameters.
Also, you need to download a demo from MIG to run any strength meter on. It has all 26 pairs. That gives it more data to work with. I don't know of any other broker that has all pairs.Ignored
DislikedHello i have the CM and i want to know if you are still having good results for your trades in 5m charts.
Does it give you always good signals or do you have bad trades.
Thanks i want to try this meter the first posted here for a 5m scalp strategie but i´m agfrayd it will give me bad signals.
Thanks for your experience
AlfredoIgnored
DislikedHello i have the CM and i want to know if you are still having good results for your trades in 5m charts.
Does it give you always good signals or do you have bad trades.
Thanks i want to try this meter the first posted here for a 5m scalp strategie but i´m agfrayd it will give me bad signals.
Thanks for your experience
AlfredoIgnored
Dislikedsorry for the change of name, it was sleep of finger..
i appreciate all your posts. i have got the CM but i have not been able to use it bcos i got it at the close of the trading sections.
But please i will like to know how you confirm trend with other indicators, Henry Liu also talk of using other indicator. I have read the 1st post but can you explain as if to new-bie. i will like to stick with your strategy........ pls do.
THANK YOU againIgnored
DislikedBut please i will like to know how you confirm trend with other indicators, Henry Liu also talk of using other indicator. I have read the 1st post but can you explain as if to new-bie. i will like to stick with your strategy........ pls do.
THANK YOU againIgnored
Dislikedi want to be like you in not opening my trade till 2nd day............
Ignored
DislikedWith Medici, Islander and yourself all trading similar basic setups but with personal fine tuning, there has to be a message there for all newbies.Ignored
DislikedVANTAGE, thank you very much for your response. i will go through all those threads this weekend and apply them to CM when market opens. i want to be like you in not opening my trade till 2nd day.............
TQ again and againIgnored